XML 33 R50.htm IDEA: XBRL DOCUMENT v3.2.0.727
Earnings Per Share (Tables)
 6 Months Ended
Jun. 30, 2015
Earnings Per Share [Abstract]  
Computation Of Basic And Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share for the three and six months ended June 30, 2015 and 2014 (in thousands, except per share data):

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2015

 

 

2014

 

 

2015

 

 

2014

 

Net income

 

 

20,888

 

 

$

43,600

 

 

 

63,985

 

 

$

90,983

 

Shares for basic and diluted calculation:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Average shares used in basic computation

 

 

68,370

 

 

 

66,302

 

 

 

68,189

 

 

 

66,167

 

Dilutive effect of stock options and units (1)

 

 

9,486

 

 

 

9,339

 

 

 

9,435

 

 

 

9,498

 

Average shares used in diluted computation

 

 

77,856

 

 

 

75,641

 

 

 

77,624

 

 

 

75,665

 

Earnings per common share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

0.31

 

 

0.66

 

 

0.94

 

 

1.38

 

Diluted

 

0.27

 

 

0.58

 

 

0.82

 

 

1.2

 

 

1

Diluted earnings per share is computed on the basis of the weighted-average number of shares of common stock plus the effect of dilutive potential common shares outstanding during the period using the treasury stock method. Diluted earnings per share include stock options and units.